According to the Commodity Market Analysis System of Shengyi Society, since mid July, there has been a combination of long and short positions, and the soybean meal market has risen before falling back. On July 15th, the average market price of soybean meal was 2924 yuan/ton, and on July 25th, the average market price of soybean meal was 2964 yuan/ton, with a price increase of 1.37%.

Long Short Game: The domestic soybean meal market rises and then falls back
Since mid July, due to a decrease in the planting area of US soybeans in foreign markets and a decline in production estimates, there has been some support for the domestic soybean meal futures market. The futures market has risen, and the soybean meal spot market has experienced a wave of gains. Due to weak demand for terminal aquaculture and poor transaction volume in the soybean meal market, the market has gradually declined after rising, with prices mainly fluctuating and rising. The adjustment range is 50 yuan/ton, and the market average price is still around 2900 yuan/ton.
The soybean meal analyst from Shengyi Society believes that in August, the quantity of imported soybeans will continue to increase, the operating rate of soybean oil plants will improve, and the terminal demand will be sluggish. The upward space for soybean meal market in the future is limited.